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Governors' Wind Energy Coalition

May 19, 2020

Top Story

Senate in no rush after House passes more pandemic relief

By Geof Koss, E&E News reporter  •    •  Posted 2020-05-18 15:19:29

Congressional Democrats are calling for talks on additional pandemic stimulus after the House passed $3 trillion more Friday, but Republicans continue to resist a rush to legislate more COVID-19 relief. House Speaker Nancy Pelosi (D-Calif.) yesterday rejected the GOP’s push to assess the effectiveness of the more than $3 trillion already enacted to stem the pandemic’s health and economic fallout before launching new negotiations. The Senate is expected to adjourn for the Memorial Day recess this week without unveiling a counteroffer to the “HEROES Act. [ read more … ]

Pandemic

Chinese Oil Demand Is Almost Back to Pre-Virus Crisis Levels

By Bloomberg News  •    •  Posted 2020-05-18 15:23:45

Chinese oil demand is all but back to levels last seen before Beijing imposed a national lockdown to fight the coronavirus outbreak, according to people with inside knowledge of the country’s energy industry. China is the world’s second largest oil consumer, behind only the U.S., and the country’s quick turnaround has helped tighten the petroleum market sooner-than-expected. West Texas Intermediate crude, which a month ago plunged into negative prices, surged on Monday above $30 a barrel. [ read more … ]

Wind Energy

Trump admin slaps solar, wind operators with retroactive rent bills

By Nichola Groom, Reuters  •    •  Posted 2020-05-18 15:21:03

The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a time the industry is struggling with the fallout of the coronavirus outbreak, according to company officials. The move represents a multi-million-dollar hit to an industry that has already seen installation projects canceled or delayed by the global health crisis, which has cut investment and dimmed the demand outlook for power. [ read more … ]

Solar Energy

Solar industry to lose over a third of jobs by July — report

By David Ferris, E&E News reporter  •    •  Posted 2020-05-18 15:19:02

The leading trade group for U.S. solar energy estimated today that the disruption from the coronavirus would cause the industry to lose 38% of its workforce in the first half of this year. Gloomy numbers from the Solar Energy Industries Association (SEIA) come as it lobbies to get aid for the sector included in upcoming recovery bills from Congress.
[ read more … ]

FERC/PJM

Maryland lawmakers struggle to mitigate MOPR harm to offshore wind with shortened legislative session

By Catherine Morehouse, Utility Dive  •    •  Posted 2020-05-18 15:22:28

Most PJM stakeholders and observers agree that offshore wind will likely not clear the capacity market. Maryland is particularly concerned about this possibility because its second bid for offshore wind capacity is approaching, and state leaders invested in the resource’s growth fear that with a less than guaranteed capacity payment, the state may reduce its potential offshore wind procurements from 1,200 MW to as low as 800 MW. [ read more … ]

PJM states, generators clash over auction deadline

BY KELSEY TAMBORRINO, Politico  •    •  Posted 2020-05-18 15:20:37

PJM STATES, GENERATORS CLASH OVER AUCTION DEADLINE: States and power producers are tussling FERC filings over the timing of the next PJM power capacity market auction, which the grid operator wants to run by March 2021 under FERC’s ruling that will limit subsidized renewable and nuclear energy. States want more time to pass legislation in their statehouses that would allow them to potentially withdraw from that portion of PJM’s power market, and they asked FERC for another year on the deadlines. [ read more … ]

EVs

Exclusive: Tesla’s secret batteries aim to rework the math for electric cars and the grid

By Norihiko Shirouzu in Beijing and Paul Lienert in Detroit, Reuters  •    •  Posted 2020-05-18 15:21:44

Electric car maker Tesla Inc (TSLA.O) plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next that it expects will bring the cost of electric vehicles in line with gasoline models, and allow EV batteries to have second and third lives in the electric power grid. For months, Tesla Chief Executive Elon Musk has been teasing investors, and rivals, with promises to reveal significant advances in battery technology during a “Battery Day” in late May. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.